Safety
Transportation businesses face a host of dynamic risk issues that can significantly impact their financial and operational health. The news in this category focuses on the latest safety and security initiatives, resources and regulations and addresses topics that include fleet safety, claims administration, driver hiring and retention, risk management and compliance.
Truck Makers Oppose Legislation Imposing Fuel-Economy Standards
A Senate proposal that would set fuel-economy standards for heavy- and medium-duty trucks conflicts with a current push to reduce engine emissions and would not work without additional research, representatives of the truck manufacturing industry said.
May 21, 2007Class 8 Truck Sales Plunge in April
Sales of new Class 8 trucks plunged 45% in April, compared with a year earlier, the most severe decline in six years.
May 21, 2007Fleets Offer Expanded Storage Options
With demand for freight-hauling services relatively slack, some trucking companies are branching out beyond logistics to offer more warehousing services.
May 21, 2007House Limits Plan Granting Mexican Trucks Access
The House voted last week to impose more restrictions on the DOT’s plans to grant Mexican trucks access to U.S. highways, in a move aimed at significantly slowing a proposed pilot program.
May 21, 2007Citi Enters Fleet Financing Business
Citigroup Inc.’s commercial business unit said it is entering the transportation fleet financing business.
May 18, 2007Rail, Intermodal Freight Decline
Rail carload and intermodal freight both fell last week compared with a year ago, continuing a trend this year, the Association of American Railroads said Thursday.
May 17, 2007Calif. Ramp Fix Ahead of Schedule
The freeway ramp to Interstate 880 that collapsed after an April 29 gasoline-tanker accident last month is expected to be rebuilt by Memorial Day next weekend, ahead of schedule, the San Francisco Chronicle reported.
May 17, 2007House Delays Mexican-Trucks Plan
The House voted overwhelmingly Tuesday to delay a Department of Transportation plan to allow Mexican trucks full access to U.S. highways, the Associated Press reported.
May 16, 2007DHS Sets $11.6 Mln. for Highway Watch Program
The Department of Homeland Security said Thursday it has issued an $11.6 million grant to the Highway Watch program it sponsors jointly with American Trucking Associations.
May 16, 2007